Ford Meany clash over jobless outlook in recession end
President Ford and labor leader George Meany offered opposing views on unemployment. Meany forecast 11.5 percent jobless rate as the recession drags on, while Ford argued the economy is recovering and should improve next year. Meany based his estimate on a Greenspan forecast plus two points, a view echoed by rising administration projections.
MENTIONED IN THIS ARTICLE
Washington
Apl-Clo
George Meany
Ford
Meany
Ford Administration
Alan Greenspan
President's Council of Economic Advisers
Grandma on wheels first motorcycle ride this week
A grandmother takes her inaugural motorcycle ride this week shown with her relative Mike Micelli. AP report notes the milestone and the cheerful moment captures family support during the ride.
MENTIONED IN THIS ARTICLE
Mike Micelli
Steinbrenner urged to reimburse company over 1972 political bonuses
A corporate committee found a 1972 bonus payout of 42,325.17 dollars to nine AmShip employees for Nixon campaign contributions questionable. It urged Steinbrenner to reimburse that amount, while noting legality remains undetermined. AmShip and Steinbrenner had pleaded guilty to related federal charges. The panel said bonuses totaling 860,502 dollars to 425 employees occurred 1970 to 1973, with most used for political contributions. Steinbrenner vowed to follow board actions and noted accountability.
MENTIONED IN THIS ARTICLE
Burse
Nixon
Steinbrenner
SEC
John Melcher
American Ship
Great Lakes
AMC Loses 47.8 Million In First Quarter Of 1975
Detroit AP AMC reported a 47.8 million after taxes loss for the January March period 1975 marking its second straight quarterly loss. The auto maker also posted a 5.6 million loss in the prior quarter to total 53.4 million across the first half of its fiscal year. Chrysler and Ford also posted losses while GM earned 59 million the only big three to profit.
MENTIONED IN THIS ARTICLE
AMC
Detroit
American Motor's Corp
Chrysler Corp
Ford Motor Co
General Motors
U.S
Trial date set as Sept 22 in Gotsis conspiracy case
Prosecutors say Dr Gotsis conspired with Abraham from April 3 to 24 to murder Dr Radefeld. Payments totaling 979 to arrange the plan were made at various Lorain locations 250 Pearl Ave 4405 Pearl Ave and at Arrow Cab office. A tape of a call about the murder plot was made before the grand jury indictment. Gotsis pled not guilty April 28 and is free on 5000 bond. Conviction could bring 4 to 25 years in prison and up to 10000 in fines plus possible license revocation.
MENTIONED IN THIS ARTICLE
Radefeld
Dr. Gotsis
Abraham
Arrow Cab
Pearl Ave
Lorain
Gotsis
Area business brief highlights CEI profits and dividends
The Cleveland Electric Illuminating Co reports first quarter net income of 16.4 million and annual net income of 63.0 million, with 12.9 million earnings after preferred dividends. First quarter revenues rise to 137 million. Parker Hannifin declares a 28 cent dividend, its 19th consecutive yearly increase. Central Security National Bank loans 144 to students totaling 239,766, Lorain Telephone wins Harbour Town award for Vermilion exchange remodeling, and US Steel Lorain Works Employees Credit Union assets exceed 10 million.
MENTIONED IN THIS ARTICLE
Cleveland. Electric Illuminating CO
CEI
Central Security National Bank
Lorain County
Ohio Student Loan Commission
Central
The
Lorain Telephone Co
Friends of
Harbour Town
Vermilion
US. Steel Corp. Lorain Works
Dow
Afl-Cio
George Meany
New York
Standard Oil Cat
Allied Chemical Standard Oil Inday Alcoa
American Airlines
Sterling Drugs
Bike StudeWorth
American Can
Texaco
American
Zell
Emerson Am
Allstate
Curtiss Wright
Lear Siegler
Keystone
Putnam
Grth
General Electric
General Foods
Toledo Edison
Wash Mutual
General Mills
Union Pacific Corp
Windsor
General Motors
Woolworth
Gen Tire
Goodridight
Goodyear
Inger Randons Wand
International Harv
Johns-Manville
Kaiser Alum
Kresge
LO Ford
Lyke Yng
Marathon Oil
Marcor Inc
Mead Corp
National Cash Ree
Ate Nol &W
Ohio Edison
Owen Corning
Penn Central
Wa Penney J.C
Papol
PepsiCo
Pyar Pfizer Bhoat
Phillip Morris
Phillips Petroleum
Procter & Gamble Batt Pullman Inc
Ralston P
Ie Bits Republic Steel
Scott Paper
Sears Roebuck Shell Ou
Bn Singer Co
Sou Pace
Roy Sperry Rand Standard Brands
U.S. Steel idles 2,000 at Youngstown Works
United States Steel Corp will shut down its Youngstown Works for five weeks idling 2,000 workers to replace a 110-ton steam engine housing that drives the bloom mill. Orders will be shifted to other plants while McDonald mill remains unaffected.
MENTIONED IN THIS ARTICLE
Youngstown, Ohio
UPI
United States Steel Corp
Youngstown
McDonald Mill
Death counselor leads support for dying families in LA
In Los Angeles Dr. Charles Garfield a UC psychology lecturer starts a 24 hour counseling service for the dying and their families. Volunteers answer questions and may visit personally. The project named Shan-Ui derives from a Hindu term meaning peace that passes understanding.
MENTIONED IN THIS ARTICLE
Los Angeles
Charles Garfield
University of California
Garfield
Unclear corporate notes on dividends and stock records
A fragmentary OCR listing shows company names such as Westma Dividends Pe Ltd and Avemco Corp with cryptic dates and stock notes. Ambraeli Paper and Hecla Mining appear with partial figures and terms like resumed and omitted stock. The text is damaged and lacks coherent context.
MENTIONED IN THIS ARTICLE
Ambraeli Paper
Tipe
Hecla
Wall Street Dips as Profit Taking Extends
Opening Wall Street moves lower as profit taking extends from yesterday. Dow Jones industrials slip toward 835, down about 21 points, with declines outpacing advances on the NYSE amid rising unemployment and bond market caution. Federal Reserve Chief Burns cautions recession easing toward recovery.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Federal Reserve
Arthur Burns
Grain price report from Ohio elevators after trading closes
Average cash grain prices in Northeast Northwest and Central Ohio markets show No 2 Wheat at 2.83 to 2.84 per bushel, No 2 Shelled Corn around 2.52, No 2 Oats near 1.52, and No 1 Soybeans around 4.87 to 4.92 with several declines noted. Multiple districts report unchanged prices for some grains.
MENTIONED IN THIS ARTICLE
Columbus
UPL
Ohio
Northeast Ohio
Northwest Ohio
Central Ohio
Ohio and New York Market Price Snapshots
Trade and price listings from Columbus and New York show dairy and poultry wholesale figures, with Ohio farm prices for wheat corn oats soybeans, and a San Francisco school fundraiser noting student actions. The Lorain County bulletin includes local grain prices and postal rates. Six to eleven named entities appear, including regions, farm groups, and prices.
Also Mentioned on This Page
Greenspan
Labor Department
Department
Arthur F. Burns
Federal Reserve Board
United States
Burns
Grandma On Wheels
Alma Fangman
Cincinnati
Ohio State
Western Reserve Mortgage Corp
Elyria
Area Business News
Parker-Hannifin Corp
U.S. Steel
Neisner Bros
Cdin OcekentPet AB
Florida Gaspray i Ob Harte-Hanks Nws
Heck’s. Inc
KansCity Pw& Lt AZ
Q Pet Inc
Warner Commune
Egular Am Biltrite
AMF Inc
Mid-Ohio Securities Corp
Rangual Association of Securities Dealers Inc
Cleve
Spitzer Park Plaza
Saatale But
Commok Stocks
Wagh Viel Corp. Bonds
Ira
Wall Street
USDAN
Chicago
Midwest
San Francisco
Tom Rodman
Treasure Island School
Lorain County Farm Bureau Cooperative Association, Inc
the Chronicle-Telegram
East Avenue
Elyrra
Lorain County Printing & Publishing Co
Cleveland
Pierre R. Smith & CO. Investments
PWE Stock Exchange Bis E.S.T
Broadway Lorain
EN Crescent
Cleveland Ave
Amherst
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